Navigation Links
Brown & Toland Announces 2008 Financial Results
Date:6/11/2009

SAN FRANCISCO, June 11 /PRNewswire/ -- Brown & Toland announced today a strong financial performance in 2008, with an operating income of $10.2 million before physician bonuses and taxes on total revenue of $236.3 million. Brown & Toland remains one of California's most financially successful and stable independent practice associations (IPAs), posting strong earnings for nine consecutive years.

In 2009, Brown & Toland will distribute $10.7 million in physician bonuses. Additionally, Brown & Toland adjusted its physician compensation schedule on January 1, 2009, updating physician fees based on 2008 Medicare rates. This adjustment will result in an additional $5.2 million to Brown & Toland physicians in 2009.

"We are continuing our strong financial performance and our enhancement of electronic physician practice solutions," said Gloria Austin, Brown & Toland's chief executive officer. "In 2008, we continued to deploy electronic tools to our physician offices and expanded our clinical results reporting database, giving Brown & Toland physicians direct access to more than 41 million clinical results online. This has already resulted in a reduction of unnecessary duplicate testing."

Since Brown & Toland launched its electronic health record (EHR), the medical group has spent more than $12 million on its electronic initiatives. This total does not include the ongoing technical and practice support that the organization provides its physicians. While other groups have launched EHRs in individual physician offices, Brown & Toland's EHR is different in that it connects across its independent community physician network and to multiple hospitals and independent laboratories, resulting in a robust system that rivals the most technologically advanced physician group model.

Additionally, Brown & Toland is one of the first IPAs in the nation to build an enterprise-wide electronic health record with connectivity to hospitals and diagnostic centers. Brown & Toland's system is not restricted to Brown & Toland patients; it is available for every patient that a Brown & Toland physician has on record. "This investment is a huge step for San Francisco in providing physicians with tools for increased quality and efficiency," said Joel Klompus, M.D., Brown & Toland's President. "Our strong financial performance, and our stability over the years, has given us the ability to put more dollars into programs and technology that will continue to improve both the quality and efficiency of healthcare so that our physicians are able to provide the best possible care to their patients in the Bay Area."

About Brown & Toland

Brown & Toland Medical Group's 1,500 physicians care for close to 170,000 HMO and approximately 160,000 PPO patients. Brown & Toland receives numerous awards for its medical excellence and preventative health care services. For more about Brown & Toland, visit www.brownandtoland.com.


'/>"/>
SOURCE Brown & Toland
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Coalition America Announces Addition of Mollie Gordon Brown as Chief Strategy Officer
2. ALLs Judie Brown: Supreme Court is Wrong on Contraception Ruling
3. Brown researchers make major signal transduction discovery
4. Browns Wives Host Special Day at MetroHealth Medical Center to Support the Neonatal Intensive Care Unit
5. Multi-talented Entertainer Chris Brown Goes Back to School, Taking on a Starring Role in the St. Jude Math-A-Thon (R) Video
6. Brown Mackie College - Indianapolis Announces New Degree Program in Occupational Therapy
7. Brown to create most comprehensive long-term care database
8. Miscarriage of Justice: A Statement by Judie Brown of the American Life League
9. Brown researchers create first-ever HIV rapid test video
10. Brown named Center of Excellence in Geriatric Medicine and Training
11. LifeVantage Corporation Appoints Industry Veteran David Brown as President & CEO
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... ... , ... Austin residents seeking Mohs surgery services, can now turn to Dr. ... Russell Peckham for medical and surgical dermatology. , Dr. Dorsey brings specialization to include ... in Mohs Micrographic Surgery completed by Dr. Dorsey was under the direction of Glenn ...
(Date:6/25/2016)... ... , ... "With 30 hand-drawn hand gesture animations, FCPX users can easily customize ... Pixel Film Studios. , ProHand Cartoon’s package transforms over 1,300 hand-drawn pictures into ... Simply select a ProHand generator and drag it above media or text in the ...
(Date:6/25/2016)... ... June 25, 2016 , ... As a lifelong Southern Californian, Dr. Omkar ... M.D from the David Geffen School of Medicine at UCLA. He trained in Internal ... complete his fellowship in hematology/oncology at the UCLA-Olive View-Cedars Sinai program where he had ...
(Date:6/25/2016)... ... ... On Friday, June 10, Van Mitchell, Secretary of the Maryland Department of ... recognition of their exemplary accomplishments in worksite health promotion. , The Wellness at Work ... Symposium at the BWI Marriott in Linthicum Heights. iHire was one of 42 businesses ...
(Date:6/24/2016)... , ... June 24, 2016 , ... A recent ... most people are unfamiliar with. The article goes on to state that individuals are ... many of these less common operations such as calf and cheek reduction. The Los ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 Research and ... Global Market - Forecast to 2022" report to their ... treatment method for the patients with kidney failure, it replaces ... fluid from the patient,s blood and thus the treatment helps ... and chloride in balance. Increasing number of ...
(Date:6/23/2016)... INDIANAPOLIS , June 23, 2016 Roche ... received 510(k) clearance for its Elecsys BRAHMS PCT (procalcitonin) ... severe sepsis or septic shock. With this clearance, Roche ... provide a fully integrated solution for sepsis risk assessment ... associated with bacterial infection and PCT levels in blood ...
(Date:6/23/2016)... , June 23, 2016 Bracket , a ... its next generation clinical outcomes platform, Bracket eCOA (SM) ... on June 26 – 30, 2016 in Philadelphia ... electronic Clinical Outcome Assessment product of its kind to fully ... Bracket eCOA 6.0 is a flexible platform for ...
Breaking Medicine Technology: